When a share dividend of 20 000 $1 shares, is declared and paid, the effect on total equity in the company balance sheet is a(n): Select one: a. decrease in total equity of $20 000 b. increase in share capital of $20 000 and a decrease in reserves of $20 000, i.e. no change in total equity. c. increase in total equity of $20 000. d. increase in the number of issued shares and a decrease in the book value of each share